UAE
November 16, 2009
UAE Technical Overview
Prime Research 1
Short Term Technical Recommendations on the UAE Stock Market
Stock name Reuters Code Last Trade S R
Target
price
Intermediate overview Recommendation
Drake & Scull DSI.
DU 1.
03 0.
98...
More
UAE
November 16, 2009
UAE Technical Overview
Prime Research 1
Short Term Technical Recommendations on the UAE Stock Market
Stock name Reuters Code Last Trade S R
Target
price
Intermediate overview Recommendation
Drake & Scull DSI.
DU 1.
03 0.
98 1.
07 1.
02▼√ Up trend Hold above 1.
02
Abaar AABAR.
AD 2.
54 2.
45 2.
65
2.
50▼
2.
18▼
Side way
Reduce on any bounce to 2.
60
or on a dip below 2.
50
Waha Capital OILC.
AD 0.
99 0.
90 1.
00 1.
00▲√ Up trend Gain profits
Dubai Islamic Bank DISB.
DU 2.
79 2.
73 2.
88 2.
88▲√ Up trend
Hold rest of position above
2.
73
Methaq Takaful Insurance
METHAQ.
AD 4.
07 3.
50 4.
10 4.
38▲ Side way
Reduce
Hold rest above 3.
70
Sorouh Real Estate SOR.
AD 3.
39 3.
10 3.
70 3.
47▲√ Up trend
Hold rest of position above
3.
20
United National Bank UNB.
AD 3.
58 3.
40 3.
65
3.
65▲
3.
90▲
Up trend
Buy portion after breaking
above 3.
65
Hold above 3.
40
Abu Dhabi Commercial
Bank
ADCB.
Q
Less
